Jersey City Theater Center Inc
Jersey City Theater Center Inc experiences fluctuating revenue and occasional deficits, maintaining zero officer compensation.
EIN: 205151520 · Jersey City, NJ · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $459K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $272,336 |
| Net Assets | $254K |
| Transparency Score | 85/100 |
Is Jersey City Theater Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jersey City Theater Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jersey City Theater Center Inc
Jersey City Theater Center Inc (EIN: 205151520) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code A65. The organization reported total revenue of $304K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jersey City Theater Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jersey City Theater Center Inc is a small nonprofit that has been operating for 19 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $459K |
| Surplus / Deficit | $-96,039 |
| Total Assets | $262K |
| Total Liabilities | $7K |
| Net Assets | $254K |
| Operating Margin | -26.4% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2023, Jersey City Theater Center Inc reported a deficit of $96K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2023), Jersey City Theater Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.1% | +10.7% | -25.3% |
| 2022 | +88.1% | +77.1% | -1.2% |
| 2019 | -40.0% | -50.0% | -1.0% |
| 2018 | -22.9% | +25.4% | -13.6% |
| 2017 | -13.0% | -49.1% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jersey City Theater Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Jersey City Theater Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Jersey City Theater Center Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with revenues ranging from $272,336 to $676,415.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jersey City Theater Center Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($459,291 vs. $363,252), indicating a deficit for that period.
- Significant fluctuation and a general downward trend in revenue since 2016, from $676,415 to $363,252 in 2023.
Strengths
The following positive indicators were identified for Jersey City Theater Center Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong mission focus.
- Healthy asset base ($261,588 in 2023) relative to recent revenue and expenses.
- Very low liabilities ($7,426 in 2023), indicating strong financial management of debt.
- Consistent IRS 990 filing history (6 filings), demonstrating transparency.
Frequently Asked Questions about Jersey City Theater Center Inc
Is Jersey City Theater Center Inc a legitimate charity?
Jersey City Theater Center Inc (EIN: 205151520) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $304K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Jersey City Theater Center Inc spend its money?
Jersey City Theater Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Jersey City Theater Center Inc tax-deductible?
Jersey City Theater Center Inc is registered as a tax-exempt nonprofit (EIN: 205151520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jersey City Theater Center Inc CEO make?
Jersey City Theater Center Inc's highest-compensated officer earns $272,336 annually. The organization reported $304K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jersey City Theater Center Inc's spending goes to programs?
Jersey City Theater Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jersey City Theater Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jersey City Theater Center Inc is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jersey City Theater Center Inc located?
Jersey City Theater Center Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 205151520. It is classified under NTEE code A65.
How many years of IRS 990 filings does Jersey City Theater Center Inc have?
Jersey City Theater Center Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $304K in total revenue.
Is Jersey City Theater Center Inc financially stable?
While JCTC has experienced periods of expenses exceeding revenue (e.g., $459,291 expenses vs. $363,252 revenue in 2023), its asset base of $261,588 in 2023 and low liabilities ($7,426 in 2023) suggest a degree of financial resilience, though consistent deficits would be a concern.
How does JCTC manage executive compensation?
JCTC consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing all funds towards its mission rather than executive salaries.
What is the trend in JCTC's revenue?
JCTC's revenue has fluctuated significantly, from a high of $676,415 in 2016 to $363,252 in 2023, showing a general downward trend in recent years from its peak.
Are JCTC's liabilities a concern?
JCTC's liabilities have significantly decreased over time, from $485,166 in 2016 to a very low $7,426 in 2023, indicating excellent management of its financial obligations.
Filing History
IRS 990 filing history for Jersey City Theater Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Jersey City Theater Center Inc's revenue has declined by 46.3%, moving from $676K to $363K. Total assets decreased by 38.2% over the same period, from $423K to $262K. Total functional expenses fell by 37.4%, from $734K to $459K. In its most recent filing year (2023), Jersey City Theater Center Inc reported a deficit of $96K, with expenses exceeding revenue. The organization holds $7K in liabilities against $262K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $254K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $459K | $262K | $7K | — | View 990 |
| 2022 | $512K | $415K | $350K | $0 | — | View 990 |
| 2019 | $272K | $234K | $354K | $178K | — | View 990 |
| 2018 | $454K | $468K | $358K | $219K | — | View 990 |
| 2017 | $588K | $373K | $414K | $261K | — | View 990 |
| 2016 | $676K | $734K | $423K | $485K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $459K, and assets of $262K (revenue -29.1% year-over-year).
- 2022: Revenue of $512K, expenses of $415K, and assets of $350K (revenue +88.1% year-over-year).
- 2019: Revenue of $272K, expenses of $234K, and assets of $354K (revenue -40.0% year-over-year).
- 2018: Revenue of $454K, expenses of $468K, and assets of $358K (revenue -22.9% year-over-year).
- 2017: Revenue of $588K, expenses of $373K, and assets of $414K (revenue -13.0% year-over-year).
- 2016: Revenue of $676K, expenses of $734K, and assets of $423K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jersey City Theater Center Inc:
Data Sources and Methodology
This transparency report for Jersey City Theater Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.